badgenome on 23 July 2012
| richardhutnik said: And it is bull to say there isn't a revenue problem. Your flat denial is absurd. Now, you can argue there is a larger spending problem, but there is also a revenue problem. |
Tax revenue is at a historic low when workforce participation is at a historic low... no way! That's unpossible!
Since you can't close the deficit by raising revenues, it is a spending problem. No amount of pointing to irrelevant numbers will change that.
